Budget: the government is considering a "reversible" freeze on pensions
The executive is working on an inflation adjustment to pensions under 1260 euros, and a decree to determine possible indexing beyond that.
The French government plans to allow decree to decide on freezing or under-indexing pensions above €1260. A three-tier system is proposed, with pensions up to €1260 to be increased with inflation, and those between €1260 and €2034 and above €2034 to be subject to under-indexation or freezing by decree. The decree can be taken until October 31, 2027, and can be applied retroactively from January 1. The move is seen as a way for the government to avoid directly voting on pension freezes.
Written by urgent.news from Politico EU's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
